Residential apartment sales to foreigners made a historic figure last November

An increase in the percentage of foreigners buying apartments in Turkey during the year 2021

Residential apartment sales to foreigners made a historic figure last November
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2021-12-14 Last update 2022-01-05

Residential apartment sales to foreigners made a historic figure last November

The sales of apartments to foreigners during November of this year amounted to 7,363 apartments, achieving the highest monthly sales figure during the current year and the past three years, and an increase of 48.4% over the sales of apartments to foreigners during the same month last year.

According to official data issued by the Turkish Statistics Authority, sales of foreigners during November of this year accounted for 4.1% of the general sales of apartments throughout Turkey, as sales of apartments to foreigners during the eleven months of this year amounted to 50,735 apartments with an increase of 39.4% over sales for the same period last year.

real estate sales for foreigners in turkey

Istanbul tops the Turkish states in foreign sales

In the details related to the sales of apartments to foreigners during November 2021, the state of Istanbul ranked first among the most selling Turkish states with the sale of 2,922 apartments, followed by the state of Antalya with the sale of 1,917 apartments while, the Turkish capital, Ankara ranked third with 428 apartments sold.

The statistical data also showed that the state of Istanbul also ranked first among the Turkish states selling apartments to foreigners during the past eleven months, with the sale of 23,169 apartments, followed by the state of Antalya with the sale of 10,557 apartments, and the state of Ankara in third place, with 3183 apartments sold.

The following table shows the most important Turkish cities that have received great demand from foreigners to buy apartments in the country during the current year.

Rank

State

Sales of residential apartments to foreigners during September 2021

Sales of apartments to foreigners during the first nine months of this year

1

İstanbul

2922 apartments

23169 apartments 

2

Antalya

1917 apartments 

10557 apartments 

3

Ankara

428 apartments 

3183 apartments 

4

Mersin

343 apartments 

2213 apartments 

5

Yalova

218 apartments 

1582 apartments 

6

Bursa

175 apartments 

1435 apartments 

7

İzmir

219 apartments 

1171 apartments 

8

Sakarya

171 apartments 

1062 apartments 

9

Samsun

166 apartments 

977 apartments 

10

Trabzon

104 apartments 

854 apartments 

 

Iranians are at the forefront of the nationalities investing in real estate in Turkey

In the classification of foreign nationalities who purchased the most apartments in Turkey during November of this year, Iranians ranked first with the purchase of 1,406 apartments, achieving an increase of 11.14% compared to the purchases of the previous month.

Iraqis came in second place by purchasing 1,075 apartments during September 2021, achieving an increase of 16% compared to their purchases in the previous month.

The Russians ranked third among the most foreign nationalities buying apartments in Turkey during September with 836 apartments, achieving remarkable progress of 53.9% compared to their purchases in the previous month.

مشاريع قريبة من اسطنبول انجليزي مشاريع قريبة من اسطنبول انجليزي

The numbers of purchases of the twenty nationalities most buying apartments in Turkey during September of this year were as follows:

Rank

Foreign nationality

Apartments sold to citizens of citizenship during July 2021

1

Iranians

1406

2

Iraqis

1075

3

Russians

836

4

Germans

322

5

Kazakhs

278

6

Afghan

231

7

Azerbaijanis

185

8

Kuwaitis

185

9

Philistines

169

10

Ukrainians

163

11

Jordanians

162

12

British

157

13

Americans

142

14

Lebanese

132

15

Yemenis

123

16

Chinese

117

17

Egyptians

111

18

Swedes

98

19

Pakistanis

96

20

Algerians

82

 

Edited by Imtilak Real Estate ©

Reference: Tüik

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